Nalco says facing a ‘coal crisis’ due to govt’s supply prioritization

Nalco says facing a ‘coal crisis’ due to govt’s supply prioritization

2018-08-01T20:10:33+00:00 On

Government of India’s NALCO, or National Aluminium Company, said its primary Aluminium smelter plant at Angul in Orissa is facing a ‘crisis’ due to the the shortage of coal to produce power. Smelting of alumina into aluminium is one of the most…

23 GW of solar parks sanctioned in India, Gujarat No.1

23 GW of solar parks sanctioned in India, Gujarat No.1

2018-07-27T15:59:30+00:00 On

Gujarat, Rajasthan and Andhra Pradesh are emerging as the top destinations for large, utility scale solar projects in India, according to numbers from the Minister of New and Renewable Energy. According to data for Government of India’s “Solar Parks and Ultra Mega…

Dealers getting petrol at Rs 36.68/liter, diesel at Rs 39.77/liter-Govt

Dealers getting petrol at Rs 36.68/liter, diesel at Rs 39.77/liter-Govt

2018-07-24T11:30:32+00:00 On

The price of petrol charged to the dealers, before taxes and deal commission, is Rs 36.68 per liter in India as of July 16, while that of diesel was Rs 39.77, ministry of petroleum and natural gases has revealed. However, on that…

Indian MPs question govt over stopping crude oil imports from Iran

Indian MPs question govt over stopping crude oil imports from Iran

2018-07-23T12:59:08+00:00 On

Government of India has faced questions from members of parliament on reports that it has asked state-owned refiners to get ready to stop importing crude oil from Iran in the face of pressure from the United States. A question from Lok Sabha…

Reliance Industries 10 rupees away from $100 bln market cap, after TCS

Reliance Industries 10 rupees away from $100 bln market cap, after TCS

2018-07-12T10:57:25+00:00 On

Three months after Tata Consultancy Services became the first Indian company to achieve a market capitalization of $100 bln (Rs 6.85 lakh cr), Reliance Industries is close to the $100 bln mark as well. At present, there are only around 100 companies…

BSES, partner suggest bill-based financing of rooftop solar projects

BSES, partner suggest bill-based financing of rooftop solar projects

2018-07-03T15:40:13+00:00 On

Households owning rooftop solar systems could save up to 95 per cent on their electricity bills, according to an independent study by Council on Energy, Environment and Water (CEEW) and BSES Yamuna Power Limited . Solar system costs have declined by 27…

Reliance Infra to turn cash surplus as MERC approves Mumbai op sale to Adani

Reliance Infra to turn cash surplus as MERC approves Mumbai op sale to Adani

2018-06-28T13:30:05+00:00 On

Anil Ambani-led Reliance Infrastructure said it has won approval from the Maharashtra Electricity Regulatory Commission for the sale of its Mumbai power business to Adani Transmission Ltd. It said it now expects to close the Rs 18,800 cr transaction next month. Reliance…

India meets solar mission target for FY18 thanks to year-end push

India meets solar mission target for FY18 thanks to year-end push

2018-06-13T13:11:01+00:00 On

India is likely to have met its target of adding 10,000 watt of solar power generation capacity in the year ended March 2018, thanks to a sudden spurt of installations during the final months of the year (Jan-Mar), going by numbers released…

Indian Oil to set up Rs 4,200-cr ethylene glycol factory in Paradip

Indian Oil to set up Rs 4,200-cr ethylene glycol factory in Paradip

2018-04-27T17:23:34+00:00 On

Indian Oil Corporation said it will set up a unit at its Paradip refinery to manufacture the main ingredient used in the production of polyester. The plant to manufacture ethylene glycol will be set up in Paradip in Odisha at a cost…